Brink's Company announced that its board has authorized a new $750 million share‑repurchase program, extending the company’s capital return strategy through December 31 2027.
The new authorization adds to an existing $500 million program that expires on December 31 2025, bringing total authorized buyback capacity to $1.25 billion. The $750 million program represents more than 15 % of Brink's current market capitalization, underscoring management’s confidence in the company’s free‑cash‑flow generation and long‑term growth prospects.
Brink's has been transforming its business model toward higher‑margin, subscription‑based AMS and DRS services, which now account for roughly 27 % of trailing‑twelve‑month revenue and grew 19 % year‑over‑year in Q3 2025. The company’s focus on the AMS/DRS platform has driven margin expansion, with operating profit rising 24 % to $188 million and adjusted EBITDA increasing 17 % to $253 million in the same period.
Free cash flow also accelerated, reaching $175 million in Q3 2025—an increase of 30 % year‑over‑year—providing the liquidity needed to fund the new buyback while maintaining the company’s 37‑year dividend streak. Since 2022, Brink's has returned more than $725 million to shareholders and retired over seven million shares, reinforcing its commitment to capital allocation.
The announcement was well received by investors, with the stock trading above its all‑time high of $120.49 on the day of the announcement. Analysts noted that the buyback, coupled with the company’s strong earnings momentum, signals confidence in the continued execution of its capital‑light strategy.
Mark Eubanks, President and CEO, said, 'Supported by our track‑record of consistent performance and our expectations for the coming years, our board has authorized a new share repurchase program representing more than 15 % of our current market capitalization.' He added, 'The new upsized authorization aligns with our expected increase in free cash flow generation as we continue to execute our AMS/DRS growth strategy and diligently follow our capital allocation framework.'
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